Monday, 12 March 2018

Remain supporter condemns EU interference in elections

It is a shame that so main "Remain" supporters like Vince Cable resort to personal abuse when describing "Leave" voters. It's as if they know that they own arguments often lack veracity, so they similarly make up reasons why the majority of UK voters in the EU referendum opted for Brexit.

For myself, there were a number of reasons why I voted for Brexit, including the lack of sustainability of the EU economic model and the undermining by the EU Commission of European democracy. In particular their (I believe illegal) interference in the election of Governments in EU member states and the outcomes of EU referenda.

A classic example is described by ardent "Remain" supporter, former Greek finance minister Yanis Varoufakis in his recent book, "Adults in the Room". He describes how the European Central Bank (elected by no one) deliberately tried to affect the outcome of the Greek general election in 2015.

Varoufakis says "..the ECB had just announced that in the near future it would stop accepting the IOUs issued by banks and backed by the governments of bailed out countries as collateral for further loans. In other words, a vital component of the smoke and mirrors machinery (set up by the ECB, EU and IMF to mask Greece's insolvency in 2010 and stop them leaving the Euro) used by Greece's four largest banks to ensure their day to day liquidity would be removed. The date on which the new policy became effective set alarm bells ringing in my head: March 2015 - the month the president of Greece's term expired, when new elections were likely to be held and in all probability Syriza would form a government."

"The ECB was creating the conditions necessary to close down the (Greek) banks without any warning or reason just as Syriza was taking over."
(Yanis Varoufakis "Adults in the Room" page 84).

Coming from such an ardent "Remain" supporter, this criticism is striking and nor is interference by the EU an isolated case. There are literally hundreds of examples, including new "technocratic" governments put in place to replace democratically elected governments who refused to toe the (unelected) EU Commission line. Further examples can be found not just in Greece, but also in Portugal, Ireland, Spain, Italy and Cyprus to name but a few. The bullying attitude of the EU now displayed in the so called negotiations on Brexit with May's weak Tory Government is, therefore, par for the course. Let's hope it won't be too long before the UK can walk away from this corrupt institution and that other countries will see the light and follow suit.

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